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Tuesday, 10 April 2012

OSK Research puts a price tag of RM1.15 bil on Kurnia Insurans.
The acquisition of Kurnia by AmG will make the latter the No. 1 general insurer
in the country, up from the current 5th position. http://bit.ly/Hlkfwk

Alliance Research has estimated that the price of 100% stake in
Kurnia Insurans to be between RM963.9 mil and RM2.34 bil, a rather wide range.
It further added that this estimate may not serve as a good pricing benchmark
for Kurnia given its dominant position in the general insurance market in
Malaysia.http://bit.ly/Hq4qpK
------------------------------------------------------------------------------AMMB move should
boost earnings

AMMB announced that it had received the Finance Ministry’s
approval, through Bank Negara, for the acquisition of a 100% equity interest in
Kurnia Insurans.

PETALING JAYA: The emergence of intermediaries as providers of
private retirement schemes (PRS) will provide contributors the flexibility to
invest in a structured manner and boost retirement savings,...

AmG has received approval from Ministry of Finance on its proposed
acquisition of 100% equity interest in Kurnia Insurans. The details of the
proposed acquisition will be released subject to the signing of a definitive
agreement between AmG and Kurnia Aisa.http://bit.ly/Hfn6eX

IN view of the industry’s positive macro outlook, the large Muslim
population in Malaysia and Indonesia as well as the company’s cheap valuation,
stable dividend payout and strong balance sheet, we ar...

KUALA LUMPUR: American International Assurance Bhd (AIA Malaysia),
which posted RM483mil in annualised new premiums last year, is confident of
achieving stronger growth on the back of its 1.2 million ...